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LaPorte County, IN · Sold

IN-695425

4365 County Road 224

$124,200
$4,880/ac · 25.45 ac
Acreage25.45 ac
Price per acre$4,880/ac
ZoningResidential
Road accessGravel
UtilitiesPower at road
TopographyWooded
ListedSep 28, 2025
Coordinates41.5542, -86.6614
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County GIS boundary

We do not yet have an active public ArcGIS connection for this county. Use the official source link to verify the parcel boundary and flood/zoning layers.

County market

LaPorte County, Indiana. Tillable ground plus small recreational tracts near the Hoosier National Forest.

View LaPorte market data →

Step 1 · Is this a deal?

Due diligence

4 items to verify before you offer.

Risk index
30
Moderate risk
Wetlands17.7% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope9.0%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

Power202 ft away

Power at or near the road.

Buildable area19.90 of 25.45 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$132,462
$102,937$161,986 · $5,205/ac on 25.45 ac
Asking vs estimate
-6.2%
Priced below the comp set

Weighted from 8 recorded sales, adjusted for tract size, access, utilities and time since sale. Range width reflects dispersion across the comp set.

AI deal brief

Comps, diligence flags, an offer number and what to ask the seller.

Offer calculatorAsking $124,200
Maximum allowable offer
$75,692
$2,974/ac · +30.0% target margin

You need $48,508 off asking to hit this margin.

All-in cost$82,126
Net resale$121,865
Projected profit$39,739
ROI+48.4%
Annualized+69.3%
Break-even resale$3,508/ac
Profit if resale lands off target
-20%
$15,366
-10%
$27,552
0%
$39,739
+10%
$51,925
+20%
$64,112
Comparable sales8 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IN-405084
Dirt · Power at road
19.9Jul 27, 2026$89,1004,4805,0472.6 mi
85
IN-705214
Gravel · Power at road
21.9Dec 29, 2025$116,3005,3235,3477.4 mi
81
IN-455043
Gravel · Off grid
19.3Jul 4, 2026$103,1005,3446,0858.4 mi
81
IN-823766
Dirt · Full utilities
7.7Jul 27, 2026$66,5008,6877,3313.2 mi
75
IN-175996
Dirt · Full utilities
38.5Dec 24, 2025$140,0003,6383,8107.5 mi
72
IN-843969
Landlocked · Off grid
8.9Jul 27, 2026$25,6002,8944,4794.3 mi
71
IN-964895
Gravel · Power at road
17.3Feb 19, 2025$61,1003,5263,56111.0 mi
70
IN-673894
Paved · Full utilities
8.4Nov 14, 2024$74,4008,8635,8767.6 mi
58
Show adjustment detail for the top comp
  • Tract size (19.88 ac → 25.45 ac)-3.3%
  • Access (Dirt → Gravel)+16.3%

Step 3 · Market it

Turn this underwriting into a listing

Generate a comp-priced headline, listing description, land-group post and cash-buyer email for this tract — then post it to the investor marketplace.